InvenTrust Properties (NYSE:IVT) Cut to “Sell” at Wall Street Zen

Wall Street Zen downgraded shares of InvenTrust Properties (NYSE:IVT) from a hold rating to a sell rating in a research note released on Saturday morning.

Other equities analysts have also issued research reports about the stock. Wells Fargo & Company reissued an “overweight” rating and issued a $36.00 price target (up from $34.00) on shares of InvenTrust Properties in a report on Tuesday, May 26th. Jefferies Financial Group raised shares of InvenTrust Properties to a “strong-buy” rating in a report on Friday, June 26th. BTIG Research reiterated a “buy” rating and issued a $37.00 target price on shares of InvenTrust Properties in a research report on Friday, June 12th. Bank of America increased their target price on InvenTrust Properties from $37.00 to $38.00 and gave the company a “buy” rating in a research note on Monday, June 29th. Finally, Weiss Ratings upgraded InvenTrust Properties from a “buy (b)” rating to a “buy (b+)” rating in a research report on Wednesday, July 15th. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Buy” and an average target price of $34.71.

InvenTrust Properties Stock Performance

Shares of IVT opened at $36.57 on Friday. InvenTrust Properties has a 12-month low of $26.81 and a 12-month high of $37.22. The company has a current ratio of 1.46, a quick ratio of 1.46 and a debt-to-equity ratio of 0.54. The company has a market cap of $2.85 billion, a PE ratio of 25.94, a price-to-earnings-growth ratio of 3.01 and a beta of 0.78. The stock has a 50-day moving average price of $34.21 and a 200-day moving average price of $31.87.

InvenTrust Properties (NYSE:IVT) last posted its quarterly earnings data on Tuesday, April 28th. The company reported $0.07 earnings per share for the quarter, topping the consensus estimate of $0.06 by $0.01. InvenTrust Properties had a net margin of 35.66% and a return on equity of 6.10%. The company had revenue of $82.58 million for the quarter, compared to analysts’ expectations of $78.79 million. InvenTrust Properties has set its FY 2026 guidance at 1.920-1.960 EPS. As a group, equities analysts forecast that InvenTrust Properties will post 1.99 earnings per share for the current fiscal year.

InvenTrust Properties Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th were given a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 2.7%. The ex-dividend date was Tuesday, June 30th. InvenTrust Properties’s dividend payout ratio (DPR) is presently 70.92%.

Institutional Trading of InvenTrust Properties

A number of institutional investors have recently made changes to their positions in IVT. Comerica Bank raised its holdings in InvenTrust Properties by 80.5% during the 1st quarter. Comerica Bank now owns 2,245 shares of the company’s stock valued at $66,000 after buying an additional 1,001 shares during the last quarter. Amundi grew its holdings in InvenTrust Properties by 9.8% in the 1st quarter. Amundi now owns 45,205 shares of the company’s stock worth $1,268,000 after acquiring an additional 4,018 shares during the last quarter. AQR Capital Management LLC increased its position in shares of InvenTrust Properties by 29.3% in the first quarter. AQR Capital Management LLC now owns 10,282 shares of the company’s stock valued at $302,000 after acquiring an additional 2,331 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of InvenTrust Properties by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 46,121 shares of the company’s stock valued at $1,355,000 after acquiring an additional 2,014 shares during the period. Finally, Goldman Sachs Group Inc. increased its position in shares of InvenTrust Properties by 66.0% in the first quarter. Goldman Sachs Group Inc. now owns 695,263 shares of the company’s stock valued at $20,420,000 after acquiring an additional 276,474 shares during the period. Hedge funds and other institutional investors own 61.70% of the company’s stock.

About InvenTrust Properties

InvenTrust Properties Corp is a self‐managed real estate investment trust specializing in suburban and urban retail real estate. Headquartered in Downers Grove, Illinois, the company focuses on the acquisition, leasing and management of open‐air shopping centers that serve everyday consumer needs.

The company’s portfolio is concentrated in neighborhood and community retail assets anchored by grocery stores, pharmacies and national service tenants. InvenTrust engages in active leasing strategies, property management services and selective development and redevelopment initiatives designed to enhance long‐term cash flow and tenant mix.

InvenTrust Properties was created in 2019 through the spin‐off of its predecessor, Inland Real Estate Investment Corp, and adopted its current name upon separation.